A can assign transaction right to B and that will allow B to redeem binds under A’s name.Let's say you are A, and the paper bond was registered as "A or B." Whose account does it show up in? Probably the account associated with the conversion. Let's say that it's A's account....From my recollection doing this a couple years ago, they will show up in your conversion linked account with the original form of ownership...
Now, B wishes to redeem the bond. As co-owner, B has the right to redeem that bond--with or without A's permission. But how does B exercise that right, now that the bond is online--in electronic form, but not in B's account?
Statistics: Posted by HueyLD — Fri May 24, 2024 9:18 pm — Replies 7 — Views 582